Tips of buying used backhoe equipment

• July
• 31

4:46 am Construction Equipment

Backhoe equipment is widely used in the construction business and it’s an absolute must have for all kinds of construction and repair projects. The standard backhoe has a loader on the front, which consists of a wide bucket attached on dual arms and it can either pick up material or push it back into a hole. Backhoes are designed to dig and refill holes.

A backhoe loader has three main parts. The main one is the tractor on which the other parts are attached. Then comes the loader. The loader is a big rectangular shaped device which diggs up the material.

Backhoe equipment is required by all types of construction, landscaping and utility work. Basically, a backhoe lifts heavy loads. The latest backhoe equipment has modern electronics and is powered by hydraulics. It has a loader on the front, a wide bucket installed on two arms.

New backhoe equipment certainly doesn’t come cheap as the cost for a 14′ digging depth backhoe ranges from $55,000 to $75,000, so it’s a better idea to rent backhoe equipment if you have just one job and not planning to make full use out of it. The good thing about backhoe equipment is that it’s transportable. The only problem is the shortage of skillful operators available for hire.

One topic that is rarely discussed is used backhoe equipment. The problem here is that there isn’t much information available and when you want to study that market, you have to get very creative and assumptions have to be made. The most typical method of selling used equipment is though the dealer networks of the major OEMs, most of which are independent companies representing the manufacturers of equipment

Such dealers have a wide range of used backhoe equipment, because quite often they get customers who trade older, used machines as part of the deal for buying a brand new model. In this business, OEM dealers are restricted to their respective territory, which can be a given state or a part of the state. Caterpillar has over 400 branches. Such dealers have specific area where they sell new or used backhoe equipment, because they also have to provide a service in close proximity to the buyers.

Independent used equipment  with no OEM affiliation also get involved in selling used machines. There are a large number of these dealers (perhaps several hundred) throughout North America who have inventories of used machines for sale that they have acquired in the marketplace or through consignments. The number of these dealers is not known exactly, but there are probably 20 to 30 that deal internationally and sell machines on a national basis, advertising nationally and operating with no boundaries. The biggest used equipment markets in the US comprise of excavators, wheel loaders, dozers, backhoe loaders and skid-steer loaders.